Vietnam Land Law: Circular 09/2021/TT-BTNMT changes in Land Law

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The Vietnam Ministry of Natural Resources and Environment has promulgated the Circular 09/2021/TTBTNMT that changes and amends several guidance to the Vietnam Land Law. This Circular was promulgated in 06/30/2021 and will be in force starting from 09/01/2021. About the required documents New articles in the Circular 09/2021/TT-BTNMT will not require citizens to file the…

Legal500: Interview with Pham Duy Khuong, Founder and Managing Director of ASL LAW

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Founder and Managing Director Pham Duy Khuong explains how leading Vietnamese firm ASL LAW is adapting to clients’ changing needs.

Vietnam: PPP law builds on transparency and proper process

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(Vietnam) Projects in the form of public-private partnerships (PPP) are implemented in the form of investment on the basis of contracts between state agencies and financiers to implement, manage, and operate infrastructure projects and provide public services.

Proposal to reduce tax by 50% for all business households and business individuals in Vietnam

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The new support package that the Vietnam Ministry of Finance is developing is expected to reduce 50% of the payable tax amount arising from production and business activities in the third and fourth quarters of 2021 for all business households and business individuals in Vietnam. The recent complicated developments of the Covid-19 epidemic, especially in…

Vietnam: new policies will strongly affect the real estate market

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This is the revelation of the Ministry of Construction at Real Estate Forum 2021: New driving force for the real estate market, organized by the Vietnam Chamber of Commerce and Industry and the Vietnam Business Forum on the afternoon of July 16. There will be many new policies affecting the real estate industry Construction real…

Vietnam: Ministry proposes raising duties on steel exports, reducing tariffs on imports

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Because the rise in steel prices has harmed numerous public-sector projects, the Ministry of Finance has proposed increasing tariffs on steel exports while lowering tariffs on steel imports. The Ministry of Finance said in a draft decree amending Decree 57 on preferential import-export tariffs that the significant rise in local steel prices was primarily attributable…

Vietnam: Violating tax laws, businesses will have to face many consequences

Violating tax laws, businesses will have to face many consequences

When the management agencies continuously improve the provisions of the Law on Tax Administration, the fact that businesses still have violations of the tax law will have to face many consequences… Statistics of the General Department of Taxation show that, after 10 years (2010 – 2020), the number of inspections at taxpayers’ offices has doubled;…

Vietnam: How does the Enterprise Law 2020 affect foreign businesses?

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Currently, the Enterprise Law 2020 effective from January 1, 2021, is having a lot of influence on foreign enterprises operating in Vietnam. The Enterprise Law 2020 has a lot of new regulations, supplements, and amendments. Although there are no provisions that directly affect foreign enterprises, there are many new points that affect the operation and…

Vietnam: Trouble arises in legal documents on intellectual property rights related to AI

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AI systems rely heavily on data. The access to data and the use of data to set up AI systems can cause intellectual property problems when the data is protected by copyright and related rights. Accordingly, artificial Intelligence and Machine Learning are not just for Big Business but it’s a problem that all businesses will…

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